SCHEDULE 13G/A: Frontier Capital Management Discloses 3.78% Stake in Interface Inc.
Beneficial Ownership Report
Frontier Capital Management Co., LLC has filed an amended Schedule 13G, reporting a 3.78% beneficial ownership stake in Interface Inc. as of September 30, 2024.
Summary
- Frontier Capital Management Co., LLC, a Delaware-based investment adviser, has filed an Amendment No. 6 to Schedule 13G.
- The filing reports beneficial ownership of Common Stock, $0.10 Par Value Per Share, of Interface Inc. (CUSIP: 458665304).
- As of September 30, 2024, Frontier Capital Management beneficially owned an aggregate of 2,203,475 shares.
- This represents 3.78% of the class of Interface Inc. common stock.
- Frontier Capital Management holds sole voting power over 1,557,405 shares and sole dispositive power over 2,203,475 shares, with no shared voting or dispositive power.
Sentiment
Score: 5
Explanation: This is a factual, routine regulatory filing (Schedule 13G) disclosing beneficial ownership. It does not contain information that would inherently convey positive or negative sentiment regarding the company's performance or outlook.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of beneficial ownership by an investment adviser, indicating a passive investment stake in Interface Inc. It does not provide broader industry trends or competitive analysis.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional investor's stake, though below the 5% threshold for active reporting.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Date of event which requires filing of this statement (beneficial ownership snapshot date). |
| 01/16/2024 | Date of filing and signature by Robert E. Phay, Chief Compliance Officer & General Counsel. |
Keywords
Interface Inc., Frontier Capital Management, Schedule 13G, Beneficial Ownership, Common Stock, Investment Adviser, SEC Filing, Equity Stake
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